Soybean prices have been on a rollercoaster fuelled by turbulence over the last month amid elevated weather concerns, changing production yields, and geopolitical upheavals affecting prices. Winters are vital for bean traders. This paper delves into the various forces at play to guide traders and portfolio managers to navigate through the rough weather....
Fundamental Data👇
🌽Corn Marketing Year Progress (23/24)
▓▓▓▓░░░░░░░░░░░ 25.61%
Export Inspections 🚢➡️🌎
406,680 Metric Tons (A marketing year low)
⬇️ 194,388 Metric Tons week vs. last week
⬇️ 92,388 Metric Tons this week vs. last week
⬇️ 391,474 Metric Tons this week vs. 5-Year Average This Week
Export Sales🗺️🫰
24,458,454 Metric Tons (Cumulative, Current...
Just my Idea, enjoy...
Current market is sideway and trapped in price channel, my view is price will drop follow 1st pole of flag pattern and maybe lower to base/left shoulder daily inverted HNS and then price will going bullish again.
FCPO price now enter daily base with left shoulder inverted HNS.
At tf 60min , price make a little inverted HNS again, can try to buy around 3690.
target full swing around 4200
📌 Note, First notice day for December futures is November 30th, if you want ZERO risk of delivery, you will have to liquidate or roll your December futures position by the close on November 29th.
Fundamental Data👇
🌽Corn Marketing Year Progress (23/24)
▓▓▓▓░░░░░░░░░░░ 24.06%
Corn Harvest Progress 🚜➡️🌱
▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 96%
Export Inspections 🚢➡️🌎
406,680...
Fundamental Data👇
🌱Soybean Marketing Year Progress (23/24)
▓▓▓▓░░░░░░░░░░░ 23.76%
Export Inspections 🚢➡️🌎
1,609,413 Metric Tons
⬇️ 330,666 Metric Tons week vs. last week
⬇️ 420,260 Metric Tons this week vs. last week
⬇️ 319,437 Metric Tons this week vs. 5-Year Average This Week
Export Sales🗺️🫰
29,054,927 Metric Tons (Cumulative, Current Marketing...
sell Dec. wheat at 5.45 stop
**Trading commodity futures and options involves substantial risk of loss.
The recommendations contained in this letter is of opinion only and
does not guarantee any profits. These are risky markets and only
risk capital should be used. Past performance is not indicative of future results**
hypothetical performance results have many...
Not everyone is going to understand that Oats are a really inefficient market and that's okay. The cattle herds are huge, and they're going to be eating Oats. Oats are the superior feed, and cattle ranchers are pretty rich right now from years of high prices, and will probably want to go for the premium/superior form of feed from a cattle health perspective, which...
#PetaFCPO: 06 Dec 2023 #FCPO .... Contract FEB 2024
Boleh monitor EMA's lines ( Lawo, Comel, Molek, Ayu ) , MiB, Gann Lines , MD & RD
Market Bukan Kita Yang Control... Kita Boleh Control EP, SL & TP je 😁. Trade What U See ..... Major TF 📊 Downtrend
Good Luck Semua..
Sila Jaga Stop Loss
🔥Buy At Your Own Risk ( BAYOR )🔥
🔥Sell At Your Own Risk ( SAYOR...
By analyzing the daily chart, the current trend appears to be consolidation, and the price seems to favor staying at the edge of consolidation. The key level to watch is 3912. If the price significantly rejects this level, consider going long.
